Maryland -
The Maryland Court of Appeals has issued an Administrative Order on Suspension of Foreclosures and Evictions during the COVID-19 Emergency, which stays all pending and new residential foreclosures and evictions...more
The circumstances under which a condominium or homeowners association (HOA) lien for unpaid assessments may wipe out a lender’s mortgage lien continues to evolve across the country. As noted in our previous alerts regarding...more
8/3/2015
/ Bank of America ,
Condominiums ,
Fannie Mae ,
FHFA ,
Foreclosure ,
Freddie Mac ,
Homeowners Association (HOA) ,
HUD ,
Liens ,
Mortgages ,
Preemption ,
Residential Property Owners
A recent decision by the District of Columbia Court of Appeals brings into renewed focus the tension between condominium/homeowner associations and lenders when it comes to payment of delinquent association assessment...more
A federal court of appeals held that a golf course was encumbered by an implied restrictive covenant, preventing the foreclosing lender from selling the golf course for residential development. The U.S. Court of Appeals for...more